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Answer the Following Questions Using the Information Below:
the Bovise

question 142

Multiple Choice

Answer the following questions using the information below:
The Bovise Company has assembled the following data pertaining to certain costs that cannot be easily identified as either fixed or variable. Bovise Company has heard about a method of measuring cost functions called the high-low method and has decided to use it in this situation.
 Month  Cost  Hours  January $40,0003,600 February 38,5003,000 March 36,2803,300 April 38,0003,500 May 69,8505,850 June 45,0004,250\begin{array} { l r r } \text { Month } & \text { Cost } & \text { Hours } \\\text { January } & \$ 40,000 & 3,600 \\\text { February } & 38,500 & 3,000 \\\text { March } & 36,280 & 3,300 \\\text { April } & 38,000 & 3,500 \\\text { May } & 69,850 & 5,850 \\\text { June } & 45,000 & 4,250\end{array}
-What is the estimated total cost at an operating level of 3,100 hours?

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